Unencrypted Moneydance data files can be opened and edited using a standard text editor. Of course, if you do want to know where Moneydance keeps your files, that is easily done using the Help->Show Documents Folder menu. We want your brain to be focused on assessing your finances rather than where the file storing your finances may be located. Having to think about files when managing your finances reduces productivity by adding unnecessary distraction. Evolving AbstractionĬomputers should help you perform your tasks, not get in the way. Even so, there are many benefits provided by the new model. If you’re even reading this article you can likely handle the complexity that the new model tries to minimize. The first benefit of managed data is that the vast majority of customers need not worry about where and how their files are stored. This post will explain the benefits and costs as well as how “power users” can migrate their workflow to the new system. This has significant benefits, but it does come at a cost for people who prefer to manually manage their files.

Rather than maintain data files in various locations across your computer such as Documents/Finances/MyFinances.md, your files are now kept within a special folder that Moneydance manages.

If you’ve been using Moneydance for a while and have an advanced workflow then you’ll have noticed that it now manages your files in a very different way. Now that the mad dash involved with releasing Moneydance 2012 is subsiding, I’d like to explain some of the most significant changes that we’ve made.

Moneydance 2017